I dont think it is a waste at all
the mixer is cheap and reliable
although it wont feel like a Pioneer but for that price , it is a good mixer

so a BMW compare to a Toyota Echo
Do you say the Echo is a waste of buying ?
the Echo is cheap and good reliable 4 door family car. its good for some ppl who dont have much buck pay to play, exspecially, its just bedroom setup , not a club setup.